2022
Exports
$334MWorld Rnk 32 / 199
Flag Rnk 19 / 96
2022
PRODUCT COMPLEXITY IN Cocoa & cocoa preparations
0.14Rnk 508 / 1025
2022
Imports
$75.3MWorld Rnk 73 / 225
Flag Rnk 63 / 96
2022
ECONOMIC COMPLEXITY of Peru
-0.6Rnk 93 / 133

About

Exports In 2022, Peru exported $334M in Cocoa & cocoa preparations, making it the 32nd largest exporter of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 19th most exported product in Peru. The main destination of Cocoa & cocoa preparations exports from Peru are: United States ($78.3M), Netherlands ($49.6M), Indonesia ($39.5M), Mexico ($25M), and Chile ($18M).

The fastest growing export markets for Cocoa & cocoa preparations of Peru between 2021 and 2022 were Mexico ($14.2M), Spain ($10.6M), and United States ($8.7M).

Imports In 2022, Peru imported $75.3M in Cocoa & cocoa preparations, becoming the 73rd largest importer of Cocoa & cocoa preparations in the world. At the same year, Cocoa & cocoa preparations was the 63rd most imported product in Peru. Peru imports Cocoa & cocoa preparations primarily from: Ecuador ($13.9M), Malaysia ($10.3M), United States ($9.36M), Singapore ($6.16M), and Chile ($5.45M).

The fastest growing import markets in Cocoa & cocoa preparations for Peru between 2021 and 2022 were Ecuador ($1.37M), Malaysia ($944k), and Chile ($857k).

COMPANIES In 2023, leading companies such as IKEA Group (4) and Barry Callebaut (2) were at the forefront of shipping Cocoa & cocoa preparations from Peru to the United States.

Latest Trends

Jul 2024

Subnational Monthly Trade

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Flow
Y-AXIS SCALE

For a full breakdown of trade patterns, visit the trend explorer or the product in country profile.

The following visualization shows the latest trends on Cocoa & cocoa preparations. Countries are shown based on data availability.

* Using January 2020 exchange rates when trade data is reported in local currency.

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Historical Data

Trade Balance

Color
EXPORTS (2022)$334M
IMPORTS (2022)$75.3M
NET TRADE (2022)$259M

In 2022, Peru exported $334M in Cocoa & cocoa preparations. The main destinations of Peru exports on Cocoa & cocoa preparations were United States ($78.3M), Netherlands ($49.6M), Indonesia ($39.5M), Mexico ($25M), and Chile ($18M).

In 2022, Peru imported $75.3M in Cocoa & cocoa preparations, mainly from Ecuador ($13.9M), Malaysia ($10.3M), United States ($9.36M), Singapore ($6.16M), and Chile ($5.45M).

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Export Destinations (2022)

Import Origins (2022)

Market Growth

Flow
THE FASTEST GROWING Cocoa & cocoa preparations EXPORT MARKETS FOR Peru WERE (2021 - 2022):
Mexico$14.2M (133%)
Spain$10.6M (246%)
United States$8.7M (12.5%)
THE FASTEST DECLINING MARKETS FOR THE EXPORT OF Cocoa & cocoa preparations BY Peru WERE (2021 - 2022):
Belgium-$11.6M (-64.3%)
Germany-$11.5M (-52.4%)
Italy-$4.15M (-32.4%)

Change in Exports by Market (2021 - 2022)

Market Concentration

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Flow
Type
In 2022, Peru's main exporting competitors in Cocoa & cocoa preparations were:
In 2022, Peru's main importing competitors in Cocoa & cocoa preparations were:

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Trade Value of Cocoa & cocoa preparations by Exporters

Potential Exports

Potential Exports

Flow
View
TOP EXPORT POTENTIALUnited States+ $19.2M
TOP IMPORT POTENTIALBrazil+ $2.4M

Cocoa & cocoa preparations’s highest export potential is United States. With an export gap of $19.2M.   Cocoa & cocoa preparations’s highest import potential is Brazil with an import gap of $2.4M.

See methodology.

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